Tariffs don‘t just raise consumer prices. They also affect capital flows and, on numerous occasions, have triggered stock market crises. What tariffs
The Fed lowers interest rates ostensibly to “stimulate” the economy. But while the Fed claims it is strengthening the economy, it actually
For nearly 30 years, the Fed has pursued an easy-money policy that has made the economy increasingly dependent upon the next round
Using state power to enforce social orthodoxy is always a recipe for disaster. Radical Republican governments in the post-war South attempted to
Created as a sop to the teachers‘ unions, the Department has presided over huge declines in student academic performances and has played
Created by President Jimmy Carter as a sop to the teachers‘ unions, the Department of Education has presided over huge declines in
Time and again, we are reminded that obtaining a high-ranking position in the US regime means having access to a special kind
The Federal Reserve says it can manipulate the money supply to ensure “price stability.” This worsens the boom-bust cycles and undermines the
